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Media Contact:
Gary Weitman
gweitman@tribune.com
312/222-3394

   
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Investor Contact:
Ruthellyn Musil
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312/222-3787


Tribune Declares Quarterly Dividend, Sets Annual Meeting Date

CHICAGO, October 22, 2002 -- Tribune Company’s board of directors declared a regular quarterly dividend of $.11 per share of common stock payable on Dec. 12, 2002, to shareholders of record at the close of business Nov. 27, 2002. The board made the declaration at its regularly scheduled meeting earlier today.

The board also set Tribune’s next annual meeting date for Tuesday, May 6, 2003, at
11 a.m. Central Time. The meeting will be held at the Hyatt Regency Chicago, 151 East Wacker Drive.

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TRIBUNE (NYSE: TRB) is one of the country’s premier media companies, operating businesses in broadcasting, publishing and on the Internet. It reaches more than 80 percent of U.S. households, and is the only media company with television stations, newspapers and Web sites in the nation’s top three markets. Tribune media outlets span 24 television stations including national “superstation” WGN-TV; 12 market-leading daily newspapers such as the Los Angeles Times, Chicago Tribune and Newsday; and news and information Web sites in 18 of the nation’s top 30 markets.

   
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